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#BREAKING: Outrage is erupting in North Carolina after an HOA just DOUBLED monthly fees to **$2,500/MONTH** for homeowners who were paying just $158/month just five years ago...
...and the homeowners say the HOA board tried to charge homeowners $7,500/MONTH JUST IN HOA FEES!!!!!!!
On Monday night, the board backed off $7,500...
...but voted to DOUBLE fees to $2,500 a month instead.
Yes, $30,000 a year just to LIVE IN YOUR HOME THAT YOU BOUGHT.
Nearly SIXTEEN TIMES what families were paying a few years ago.
Families who bought what they thought were their forever homes are now being told to pay $30,000 a year in HOA fees, or GO INTO FORECLOSURE!!!!!!
The neighborhood is Magnolia Cove in Sherrills Ford, Catawba County NC.
Jill Menson and her husband bought their house believing it would be their LAST home and five years ago, their HOA fee was $158 a month.
This summer it shot up to more than $1,200.
Plus a $10,000 ASSESSMENT on top of that.
On Monday night, the HOA board voted to raise fees AGAIN, from $1,250 to $2,500 a month.
That’s nearly SIXTEEN TIMES what they paid five years ago.
And the meeting?
It was held over ZOOM.
Menson says they’ll be forced out with nowhere to go, because no one will buy a house carrying fees like that.
So they went to the state for help.
The North Carolina Attorney General’s office told Channel 9 there are NO STATUTES limiting how much an HOA can charge.
None.
As long as the board follows its own documents, it can charge whatever it wants.
In Jill Menson’s words:
“Nobody is helping us.”
THIS IS ABSOLUTELY ABSURD AND SHOULD BE ILLEGAL!!!!!!!!!!
